Month: November 2024
Smoked out: Cannabis shop owners face financial straits
New York State’s epic failure on the legalization of cannabis has been well-documented here and elsewhere and apparent to anyone…
Select Board grants final Tewksbury cannabis license to Route 133 Cannabis
The Select Board voted 4-1 Tuesday evening to grant the town’s third and final retail cannabis license to Route 133…
Nevada dispensaries welcome bipartisan push in D.C. for cannabis banking reforms
But industry officials hope all the financial hoop-jumping comes to an end with a piece of proposed federal legislation called…
The Weedery, a cannabis microbusiness, opens in New Paltz
Cannabis microbusiness and dispensary The Weedery opened its doors to the public on Friday, offering a range of farm-direct cannabis…
US Coast Guard Seizes $18.5 Million Worth of Cocaine and Marijuana in Caribbean Sea Drug Bust
The US Coast Guard seized drugs worth $18.5 million in the Caribbean, including 1,500 lbs of cocaine and 1,400 lbs…
Ancillary Cannabis Stocks Hold Prices the Best
As we described in an article released earlier, the Global Cannabis Stock Index moved lower in November, falling 9.5%. It…
Cannabis Stocks Extend Losses in November
Cannabis stocks, as measured by the Global Cannabis Stock Index, have been quite volatile this year. The index gained in…
FBI searching for El Paso victims of multi-state sports, weed investment fraud schemes
Thrash is charged with 10 counts of wire fraud and three counts of engaging in a monetary transaction with criminally…
Hemp-based THC revenue may make cannabis stocks more appealing—but there are risks
With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the…
Unregulated Texas hemp industry clashes with legislators, medical marijuana providers
Some Texas Republicans want to curtail the use of consumable hemp products, saying unintended loopholes in a 2019 state law…
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